Lockheed To Give Fit $400,000 Gift

BREVARD

April 7, 1989

TITUSVILLE — Lockheed Space Operations said Thursday it will donate $400,000 to Florida Institute of Technology over five years for a professorship. Lockheed will pay $80,000 for five years for the professorship in space-related computer science. The gift brings to $14 million the amount raised by FIT in its $25 million capital campaign drive to add more buildings on the Melbourne campus, increase faculty salaries and move toward becoming a major research university. Lockheed is a major supplier of spacecraft and space systems, electronic products, strategic defense systems and aircraft. It employs 95,000 people worldwide with 7,300 of those at Kennedy Space Center.